Rosneft this week started testing its capacity to increase output.
Read More »Arab Oil Ministers Call for Continued OPEC. Non-OPEC Cooperation
The agreement has helped raise oil prices to above $80 a barrel and reduce a global oil supply glut.
Read More »Rosneft – Gazprom Rivalry in Gas Markets
Rosneft has been long trying to persuade the Kremlin to dismantle Gazprom’s monopoly.
Read More »Putin Greets Russia-OPEC Partnership
The Russian leader thanked the Crown Prince for the initiatives on development of Russian-UAE hi-tech cooperation.
Read More »Rosneft Testing Oil Production Increase Ahead of OPEC Talks
Russia and Saudi Arabia have signaled easing of supply cuts.
Read More »Russia to Boost Presence on Global LNG Market
U.S. export capacity has shot up from less than 2 million tones per year in 2015 to 18 million tones in 2017.
Read More »Global Electric Car Sales up over 50 Percent in 2017
The EU has committed to cutting 40 percent of its greenhouse gas emissions from 1990 levels.
Read More »Russia has Potential for Increasing Oil Output within Months
Russian Energy Minister Alexander Novak said that returning to oil production levels of October 2016 is one of the options for the future of the OPEC+ deal.
Read More »Russia is Ready to Maintain Gas Transit through Ukraine after Nord Stream-2 is Launched
Putin refused to estimate the gas volumes that can be simultaneously transported through the new gas pipeline and the Ukrainian gas transport system.
Read More »Iran Keeps Position as Top Crude Oil Exporter to Turkey
Crude oil and diesel imports held the biggest share of Turkey'.s total oil imports in 2017 at 25.8 million tons and 13.5 million tons. respectively.
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